Do Insights on Smartkarma make or contain targeted trading recommendations?

Insights on Smartkarma do not make or contain formal targeted trading (buy/sell/hold) recommendations. Furthermore, there is notably the absence of any client/adviser relationship between Insight Providers and Clients. However, Insights may occasionally include informal recommendations, as based on an Insight Provider’s personal opinion, which would not be considered targeted trading recommendations as traditionally understood in the financial research industry.